Applied Materials, Inc. $AMAT Shares Sold by Strategic Blueprint LLC

Strategic Blueprint LLC trimmed its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 13.6% during the second quarter, Holdings Channel reports. The firm owned 1,922 shares of the manufacturing equipment provider’s stock after selling 303 shares during the quarter. Strategic Blueprint LLC’s holdings in Applied Materials were worth $352,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Avity Investment Management Inc. increased its holdings in shares of Applied Materials by 4.1% in the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after acquiring an additional 8,680 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its holdings in shares of Applied Materials by 12.7% in the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock worth $3,867,000 after acquiring an additional 3,000 shares during the period. Redwood Investment Management LLC increased its holdings in shares of Applied Materials by 311.2% in the 1st quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock worth $1,876,000 after acquiring an additional 9,781 shares during the period. Gallacher Capital Management LLC acquired a new stake in shares of Applied Materials in the 2nd quarter worth about $410,000. Finally, LifePlan Financial LLC acquired a new stake in Applied Materials in the 2nd quarter valued at approximately $755,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Stock Up 0.1%

AMAT opened at $228.75 on Monday. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $232.07. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The stock’s fifty day moving average is $191.18 and its 200-day moving average is $177.82. The company has a market capitalization of $182.23 billion, a PE ratio of 27.26, a P/E/G ratio of 2.86 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter in the previous year, the business earned $2.12 EPS. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Cfra Research raised Applied Materials to a “hold” rating in a research note on Friday, August 15th. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Daiwa Capital Markets reaffirmed a “neutral” rating and set a $170.00 target price (down previously from $185.00) on shares of Applied Materials in a research note on Wednesday, August 20th. Bank of America raised Applied Materials from a “neutral” rating to a “buy” rating and lifted their target price for the company from $180.00 to $250.00 in a research note on Monday, October 13th. Finally, Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $209.15.

About Applied Materials

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.